Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
The Supreme Court of India expressed shock and disappointment at the Indian government's failure to implement the Dam Safety Act, enacted in 2021. The court highlighted the lack of progress in constituting a national committee for dam safety and formulating regulations despite the law's provisions. The case pertains to the safety of the Mullaperiyar Dam, a 130-year-old structure in Kerala, which is controlled by Tamil Nadu. The court has ordered the government to take immediate action and seek assistance from the Attorney General in this matter.
"The central paramilitary forces have arrived in the city. One is from Bengaluru, another being grouped from Tamil Nadu, Telangana and Mysuru," Bengaluru Deputy Commissioner of Police (West division) Sanjeev M Patil said.
India needs manufacturing sector growth for a variety of reasons.
"The report of the committee will form basis for the country's manufacturing policy," National Manufacturing Competitiveness Council Chairman V Krishnamurthy, who is also member of the panel, told reporters. Prime Minister Manmohan Singh had announced setting up of the high-level committee in 2006. Its mandate included looking into macro-economic issues stifling the growth and competitiveness of the manufacturing sector.
Finance ministry opposed to exemptions in principle: Official.
The finance ministry's letter was unfortunate, but it is also true there is no transparency in how rates are fixed and the spread is also too high.\n
The prime minister should trifurcate the IAS, recommends T C A Srinivasa-Raghavan.
A high-level committee on oil PSU recast has advised against merger of any state-run firms and recommended a national shareholding trust to hold government stake in them.
India produced a clinical all-round performance to thrash hosts South Africa by 88 runs in the first one-dayer of the ICC Women's Championship at Diamond Oval in Kimberley on Monday.
'It is almost certainly wrong in assuming that the Modi government will use its strong mandate to undertake some serious reform measures.' 'For it is fairly clear that the government's priorities lie elsewhere, in the powerful home minister's domain,' notes T N Ninan.
Extensive arrangements have been made due to the COVID-19 pandemic including personal protective equipment kits for election staff, more polling booths, thermal screening, sanitisers, masks and gloves for voters and markings to ensure social distancing, officials said.
Indian women's cricket team would look to extend its domination in the shortest format and achieve a rare double series win
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
Modi government must fix policy paralysis.
The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
At least 13 attempts were made earlier at modernising.